EAQ Initiative and Peer Review Update
Recently, Wolters Kluwer’s Cathy Rowe interviewed Carl Mayes about the latest findings around the AICPA Enhancing Audit Quality (EAQ) Initiative. Carl serves as Associate Director…
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Roll Forward with Knowledge Coach
You may have read in the news recently about a patent for the application of AI specific to the roll forward/update processes during an audit…
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Testing Internal Controls – Audit Tools that Help
Earlier this month, the PCAOB released annual inspection reports for the Big Four accounting firms and eight other firms. The reports revealed deficiencies in 52…
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Passing Peer Review Tips
Peer review can be a stressful experience for some firms. However, it is also an important way that the profession identifies problems and provides firms…
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Withum Produces Consistent, Quality Audits
Last week, we reported on Withum’s six best practices for creating effective audit teams. Today, let’s discover how the firm used audit technology to improve…
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Improve Peer Review by Improving Audit Quality
Improve Peer Review If you’ve gone through peer review in the past two years, you noticed some changes. Specifically, the AICPA has worked hard to…
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Avoiding Missteps in Peer Review
As the calendar turns to Fall, it is time to start planning year-end audit engagements again. While it may not have been a priority this…
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Auditor Challenges Amplified by COVID-19
Auditor challenges are ongoing, of course. However, currently, auditor challenges are amplified by covid-19. So, what are CPA firm auditors to do? What’s the best…
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Audit of Commercial Entities
This blog is about the 2020 Commercial Entities title, and it is important for two reasons. First, this new title includes updates and enhancements that…
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4 Keys to Enhancing Audit Quality
In June, Boomer Consulting, Inc. had the honor of sponsoring Wolters Kluwer’s Audit Talks LIVE virtual conference. The event brought together audit experts and technologists…
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